01/09/2012

New year, new hope, old problems - Coutts & Co

As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin

01/09/2012

Tough new laws to put greedy bankers behind bars

Growing public outrage over the severe damage caused by the banking crisis has prompted the Chancellor to prepare a new criminal offence of ‘corporate negligence’ to punish reckless financiers.

01/09/2012

Leumi Private Bank acquires swiss banking software provider

The solution has been chosen as the front office / asset management tool for data coming from the central systems Olympic (Eri Bancaire) and T24 (Temenos). The solution has been chosen thanks to its functional capabilities and its fast implementation proc

01/09/2012

U.S. demands names of Swiss bank staff: paper

Citing banking sources, the NZZ am Sonntag said Swiss banks had until January 23 to transfer documents to the U.S. Justice Department relating to their U.S. business since 2000.

01/09/2012

Rothschild to advise on Lloyds UAE disposal

The bank, which is 40 percent owned by the UK government, has appointed Rothschild as an adviser for the sale, two sources confirmed to Reuters on condition of anonymity.

01/06/2012

Banks brace for backlash as bonus season arrives

But announcements of more than 125,000 job cuts last year mean bankers will find it harder to use their traditional excuse that they need to pay out big bonuses to retain top talent.

01/06/2012

FSA Chief Delivers Bank Bonus Warning

The City regulator is to warn Britain’s bank chiefs that it will reject their plans to pay out billions of pounds in bonuses unless they demonstrate that they are retaining sufficient capital to weather a worsening storm in the financial system.

01/05/2012

Bluefin Wealth Management rebrands

A notice filed with Companies House states the name of the wealth management part of the business was changed as of December 30.

01/05/2012

Credit Suisse Targets UHNW Market In Chile

Credit Suisse has long been committed to international growth and particularly the emerging markets. The Bank has a long tradition in Latin America, having been active in serving clients in the region for 50 years.